Sydney-based Mr. Houstone joined the bank in March 2007 as a director and was promoted to Head of Financial Institutions DCM for Australia and New Zealand in 2010. He was previously head of DCM for Nomura in Australia.

Mr. Houstone will report to RBS country head Andrew Chick, who confirmed the appointment and told Deal Journal Australia that Gwen Greenberg had been promoted to Head of Corporate DCM. Ms. Greenberg has been part of RBS’s DCM team since 1998, when it was still ABN AMRO Bank N.V.

“They bring a great depth of experience in arranging cross-border financings for Australian issuers into many different markets,” Mr. Chick said in an email.

RBS finished ninth in Dealogic’s 2012 Australia DCM league table with involvement in 40 deals worth a combined US$8.3 billion. In the year to date, the bank is absent from the same league table.

Elsewhere in DCM, former Barclays director Alex Machliss has been hired by BNP Paribas, a person familiar with the matter said Wednesday.

Mr. Machliss starts on March 4 as a director and will report to BNP’s Head of Australian DCM Kate Stewart in Sydney.

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About Deal Journal Australia

Deal Journal Australia is an up-to-the-minute take on the deals and deal makers that shape the Australian landscape, including mergers and acquisitions, capital raisings, private equity and debt markets. In short, wherever money changes hands. Deal Journal Australia is updated throughout each trading day with exclusive commentary, analysis, data, news flashes and profiles. The Wall Street Journal’s Gillian Tan is the lead writer, with contributions from other Journal and Dow Jones reporters and editors. Send news items, comments and questions to gillian.tan@wsj.com.

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